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2023 Chevy Suburban Gets Price Increase In September

The 2023 Chevy Suburban introduces the third model year for the twelfth-generation SUV, debuting a number of important changes over the 2022 model year. Critically, the 2023 Chevy Suburban just received another price increase.

The latest price increase was applied to vehicle MSRPs in late September, with the MSRP for 2023 Chevy Suburban LS and LT trim levels now $1,400 more expensive than it was previously. Additionally, pricing for Z71 and RST trim levels was increased by $500 when equipped with the naturally aspirated 5.3L V8 L84 gasoline engine and 3.0L I6 LM2 turbodiesel Duramax engine, while Z71 and RST trim levels equipped with the naturally aspirated 6.2L V8 L87 gasoline engine are now $505 more expensive. Finally, the MSRP for 2023 Chevy Suburban Premier and High Country trim levels is now $1,000 more expensive.

This latest price increase follows a previous price increase made in early September, at which time all Suburban trim levels received an MSRP increase of $300 in conjunction with the addition of the 3 Years of Remote Access plan (RPO code PRF).

Check out the table below for the latest 2023 Chevy Suburban pricing info, including all available trim levels and configurations. Note that prices include a $1,795 destination freight charge (DFC):

2023 Chevy Suburban Starting MSRPs
Trim Level Drivetrain Powertrain 2023 MSRP + DFC
LS 2WD 5.3L V8 L84 $58,695
LS 2WD Turbo-diesel 3.0L I6 LM2 $59,690
LS 4WD 5.3L V8 L84 $61,695
LS 4WD Turbo-diesel 3.0L I6 LM2 $62,690
LT 2WD 5.3L V8 L84 $64,195
LT 2WD Turbo-diesel 3.0L I6 LM2 $65,190
LT 4WD 5.3L V8 L84 $67,195
LT 4WD Turbo-diesel 3.0L I6 LM2 $68,190
Z71 4WD 5.3L V8 L84 $68,795
Z71 4WD 6.2L V8 L87 $77,400
RST 2WD 5.3L V8 L84 $66,795
RST 2WD Turbo-diesel 3.0L I6 LM2 $67,790
RST 2WD 6.2L V8 L87 $70,615
RST 4WD 5.3L V8 L84 $69,795
RST 4WD Turbo-diesel 3.0L I6 LM2 $70,790
RST 4WD 6.2L V8 L87 $73,615
Premier 2WD 5.3L V8 L84 $72,095
Premier 2WD Turbo-diesel 3.0L I6 LM2 $73,090
Premier 2WD 6.2L V8 L87 $74,590
Premier 4WD 5.3L V8 L84 $75,095
Premier 4WD Turbo-diesel 3.0L I6 LM2 $76,090
Premier 4WD 6.2L V8 L87 $77,590
High Country 2WD Turbo-diesel 3.0L I6 LM2 $77,395
High Country 2WD 6.2L V8 L87 $78,895
High Country 4WD Turbo-diesel 3.0L I6 LM2 $80,395
High Country 4WD 6.2L V8 L87 $81,895

Among the changes debuting with the 2023 Chevy Suburban is a revised exterior paint list. Per previous GM Authority coverage, the list now offers Silver Sage Metallic (paint code G6N), Radiant Red Tintcoat (paint code GNT), and Sterling Gray Metallic (paint code GXD), while Satin Steel Metallic (paint code G9K), Evergreen Gray Metallic (paint code GED), and Cherry Red Tintcoat (paint code GSK) are no longer offered.

Unfortunately, several 2023 Chevy Suburban features are currently under constraint, including the SUV’s ventilated seat blower motors, Enhanced Trailer View, Adaptive Cruise Control, and the GM Super Cruise system.

Under the skin, the 2023 Chevy Suburban once again rides on the GM T1 platform, while production takes place at the GM Arlington plant in Texas.

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Jonathan is an automotive journalist based out of Southern California. He loves anything and everything on four wheels.

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Comments

  1. How can people afford these things anymore?

    Reply
    1. 84 month loans. Sheer madness.

      Reply
      1. Yeah no….that’s just gross. I feel like if you need to take out a loan over 60 months for a vehicle, you probably should not buy it and save up some cash. But if that’s what people want to do, that’s cool…just pay that note.

        Reply
  2. GM is not shy about raising prices while they continue to ship vehicles the will be “retrofitted” with missing parts at a later date.

    Reply
    1. The problem is that people are still buying them too!

      Reply
      1. I know, I didn’t want to but I have twins on the way and 2 other kids. And with them raising prices left and right I figured better now than later. Just sucks I was 3 days late on my order.

        Reply
        1. Price is locked anyways when the vehicle has been built, not when you order.

          Reply
  3. I got burned by this. Built my order the friday prior and didnt get to the dealer until wednesday to finalize it. Biden’s America.

    Reply
    1. Nobody forced you to buy that suburban.
      You burned yourself.

      Reply
      1. Well really, I did get it below dealer invoice think I made out okay. More like an “aww shucks” kinda burn….I’ll live. Technically, it’s on order and haven’t paid for it so maybe I could get out of it…so what do you recommend for a family of 6? I don’t think they all won’t fit in my 2020 Bolt.

        Reply
        1. @notorious_KJD Below dealer invoice? does a relative own the dealership?

          You should be able to flip it for a 10 to 15 large profit!!!

          Reply
      2. So, what point are you trying to make? That it’s okay for GM to jack up the prices, which it’s not? That Biden’s not responsible for it, at the end of the day, even though he is? Or that either of the above are justified because people still choose to buy cars instead of walking, which is stupid? Or is it just a “you don’t need a truck or full-size SUV” snark?

        Not that you aren’t wrong across the board, but I’m curious.

        Reply
        1. I understand Biden didn’t whisper in Mary’s ear and told her to raise the prices. But there are polices, regulations, and mandates this administration has implemented that help influence those multiple price changes and fuel inflation across the board, not just vehicles. It wasn’t that long ago where a individual or family in the middle class could purchase a large vehicle that fits their needs. Now it is out of reach for many.

          I guess I should have clarified that yes, price increases are inconvenient, but those who have the means will find a way but others will be left in the dust unfortunately…and it doesn’t need to be that way. And to help negate that, some regulations should be eased or reformed to create more access to the market. GM can only do so much.

          IMO the more people that have the means and access to buy these products, that’s more capital for GM to reinvest into better and cleaner technologies and innovate…but that’s on them to make those choices. And it probably better PR than getting EV grants or jacking up prices in EVs equivalent to those credits/rebates the government approved.

          Hope that helps.

          Reply
  4. A price increase…..,,imagine that🤦‍♂️.

    Reply
  5. Awesome! Two price increases in a month! At this rate MSRPs for this thing will be $10k higher thus time next year. At least you get less equipment with these prices!

    Reply
  6. If the price went up on the Burban, the rest of the trucks will soon follow. Won’t be long at all till we see a 100k half ton Silverado.

    The woke version (Electric) is already there.

    Good luck with these prices.

    Not paying for fuel is kind of pointless when you prepay a ten year lifespan of ownership up front isn’t it?

    Reply
  7. Thank goodness we have a global recession coming.
    Come on higher and higher interest rates.

    Reply
    1. I can agree with this.

      Reply
  8. Why not?
    Most dealers are tacking on a high “market adjustment” anyway and you rarely see one on a lot.

    Reply
    1. Otherwise known at the stealership as ADP – “additional dealer profit”.

      Reply
  9. The suburban is in high demand because consumers want it and will pay a premium to get it. GM should capitalize on that demand and make hay while the sun shines! This attempted politicization of price increases is ridiculous.

    Reply

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